BSAD 180
Managerial Finance

School of Business Administration
Kevin C.H. Chiang, Ph.D.

Course Objective

The main theme of the course is capital budgeting. Thus, the course is developed based on the notion of the time value of money. Through this development, the course is also a survey of some of the major areas of modern finance: the role of a firm; the role of a manager (agent); the view of a firm being a stream of after-tax cash flows; asset valuation; cash flow estimation; financing methods; costs of capital being a function of systematic risk; and, the estimation of systematic risk in equilibrium.

Office Hours

I have an open-door policy. You are invited to come by my office any time you wish.
If you prefer to schedule an appointment or find it inconvenient to come by my office,
I invite you to send me an e-mail.